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7304 S Joliet StEnglewood, CO 80112
INOVA Dry Creek
Asset ClassIndustrial
73,532 SF Industrial Building in Southeast Denver | Irreplaceable Location Just East of Interstate-25 | 100% Leased to Three Tenants
overview of deal

Overview

Cushman & Wakefield’s National Industrial Advisory Group, as exclusive advisor, is pleased to offer the extraordinary opportunity to acquire the 100% fee simple interest in INOVA Dry Creek located at 7304 South Joliet Street, Centennial, CO (“The Property”). This premier asset consists of one industrial building totaling 73,532 SF on 7.7 acres.

 

INOVA Dry Creek is 100% leased to three single tenants with 4.4 years of weighted average lease term remaining. Current in-place rents are at market and the staggered expiration schedule offers the opportunity to consistently grow the net operating income through annual rent escalations and market-rent renewal options.

 

Located in Southeast Denver, the Property is east of I-25 off of East Dry Creek Road directly between Denver Tech Center and Centennial Airport. This submarket is home to many high tech manufacturing, aerospace, and technology related companies. Denver is ranked in the top 20 in the country for rent growth, with market rents projected to increase an average of 6% over the next five years.

 

INOVA Dry Creek is a unique core investment opportunity to acquire a fully leased, state-of-the-art multi-tenant industrial building with long-term tenancy in a high-demand industrial submarket. The Property’s modern features, premier location and high-quality tenants make it a one-of-a-kind investment opportunity.

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7304 S Joliet StEnglewood, CO 80112

Sales Team

Will StrongExecutive Vice Chair+1 602 413 9991will.strong@cushwake.com
Molly HuntSenior Associate+1 602 361 9501molly.hunt@cushwake.com

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